Palm Beach Confidential is great!

I've been a subscriber now for a few months, and the newsletters are short and straight to the point. In February, Teeka said to buy NEO (before I was a member), and it's gone up from 15 cents to as high as $49.00 - a 37,000% or so return. I DID buy OMG and a few others when he said, and on AVERAGE now my portfolio with him has increased by 2,500%.

So my $0.02 - this is based on the newsletter only, not the rest of the company.

A blizzard of sales messages

There may be some good advice here, but subscribers are bombarded with several emails and videos a day, all promising some unbeatable deal only to be led to a promotion for yet another product or service.

Customer service was polite and efficient when I phoned. Lately, the editors have begun to mix politics with financial discussions. They seem to have forgotten they are on a financial site, not a social media blog.

When they finally descended into demonizing their political opponents they lost me. I let them know my decision and so far their response has been silence.

90% Fluff 10% Useful Info

I was interested in the Social Security info and I got it. Most of it was not useful to me because of my situation - oh well. But then the "weekly" newsletters started - up to two a day. Mostly like AOL with a teaser to get you to click on the link. What are you 2nd graders? Tell us what you have and we will decide if it is for us and click or not. Most of everything is fluff, trying to hype you up to buy a product. I was in sales for 20 years and it is amusing to watch them try make everything look like diamonds surrounded by cotton stuffing. I got a 10 page email - 3 pages was how this guy started out poor, worked a job, made his first stock buy... who cares! The whole point of the 10 page email didn't come until page 9 - the first 8 pages were wasted time. Their videos are worse: 5 minutes in they say "We have a great strategy for you, but we are not going to tell you what it is yet!" and that happens 3 or 4 times so a half hour later you still don't know what the strategy is. I did not join to invest so I can't speak as to their advice but if you have an hour or two to waste on fluff every day - sign up.

Palm Beach Letter

After you discover they are not the upright, helpful folks they claim to be, you of course will want to cancel your subscription. The problem being, they will not answer their phone nor reply to your emails. I've reached the point that my next email will be to the FBI Fraud Hotline.

No better than the rest, and maybe a bit worse

At the end of the day, they're the same bunch of bandits and money grabbers like most newsletters are. I have been a subscriber since they started and got sucked into subscribing for more than I intended, but thankfully avoided their high priced services and the pitch for the "life time all services they produce". There is some decent stuff in the Palm Beach Letter, but really all they're focused on is adding more services (some of them really a bit pathetic), all in the interests of milking their subscriber base, and adding to it for more money in their pockets. And they regularly make arbitrary changes to the various services, when they suddenly realize there may be some overlap of conflict with another existing service, and without any suggestion of compensation for changing something or taking it away. And as for their customer service (I have tried twice to get them on the phone), the automated service gave me wait times of 91 minutes and 58 minutes! The second time I decided to hang in, and after about 10 minutes being on hold, just got kicked off.

Tom Dyson tries to come across as an earnest, honest and sincere guy, but he has only one focus and objective, which is how to take more money from existing and new subscribers, and fill his pockets. The one good thing is that they do use Stop Losses with their recommendations, and just as well, because pretty much all of them have been stopped out. One service (Megatrends) is almost a joke, so many of the reccos have been stopped out. Very much a "buyer beware" with this one. I wish I would have never gotten started with them.

A few good ideas repeated over and over and over and over..

If you like to hear rich guys talk about how they got rich and how you should do it too, this is the service for you. The 'Current Income' product can illustrate a (relatively) conservative way to make money trading options, but the rest of the service is just average advice.

The stock picking of Teeka Tiwari and Tom Dyson is as effective as anybody else's - but no better. The retirement advisor Bob Irish is full of good advice, but so's my golf buddy Mike.

All that coupled with a price that could choke a horse make this a stay-away website - be careful! These guys are rich for a reason, and it's not because they're excellent investors.